HomeMy WebLinkAbout98-175 - ADMIN Resolution - City Council - 1998/12/21RESOLUTION NO. 98 -17 5
RESOLUTION AMENDING THE 1998 ADOPTED BUDGET
WHEREAS, The annual budget for 1998 for the City of St. Louis Park was adopted by
Ordinance 2108-97 on December 15, 1997 and subsequently amended on September 22, 1998;
and
WHEREAS, additional modifications to the 1998 are required;
NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of St. Louis Park
that the budget for 1998 shall be amended as follows:
AVAILABLE RESOURCES
Revenues: Current Change Amended
General Property Taxes $ 9,116,632 $ - $ 9,116,632
Busmess License Permits 335,055 335,055
Non-Busmess License Permits 951,396 951,396
Intergovernmental 6,836,693 6,836,693
Charges for Services 1,739,724 1,739,724
Fmes, Forfeits, and Penalties 387,300 387,300
Enterprise 8,117,901 8,117,901
Special Assessments 766,345 766,345
Miscellaneous Revenue 1,829,819 1,829,819
Refunds and Reimbursements 5,649,188 29,700 5,678,888
Transfers In 384,039 21,613 405,652
Total Revenues 36,114,092 51,313 36,165,405
Less Interfund Charges and Transfers (5,281,390) (51,313) (5,332,703)
Net Revenue 30,832,702 30,832,702
Fund Balance / Reserves - Jan 1 36,453,801 36,453,801
Total Available
$ 67,286,503 $ $ 67,286,503
REQUIREMENTS
Appropriations:
Personal Services $ 16,727,174 $ 105,909 $ 16,833,083
Supplies, services and other charges 18,122,953 108,600 18,231,553
Capital Outlay 1,608,896 7,000 1,615,896
Transfers Out 384,039 21,613 405,652
Total Appropnations 36,843,062 243,122 37,086,184
Less Interfund Charges & Transfers (5,281,390) (51,313) (5,332,703)
Net Appropnations 31,561,672 191,809 31,753,481
Fund Balance / Reserves -Dec 31 35,724,831 (191,809) 35,533,022
Total Requirements $ 67,286,503 $ $ 67,286,503
BE IT FURTHER RESOLVED, that the City Manager be directed to cause the appropriate
accounting entries to be made in the books of the City.
Attest
ty Clerk
Reviewed for Administration:
(611127
City Manager -Deputy
Adopted by t e City Council December 21, 1998
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